Announcement PDF Finding more gold, faster G e n e r a l M e e t i n g P re s e n t a t i o n M ay 2 0 2 5 ASX:DRE ASX:DRE 1 Corporate Overview - Preplacement Corporate Information DRE Share Price – 12 months1 Shares on Issue 4,844.4M Unlisted Securities ~89.1M Market Cap (at A$0.015/sh)1 ~$65M Liquidity (90 day average) ~6.8M/day Cash @ 30 Apr 252 ~A$9.4M Top 20 Holders: ~30% 1 Share price as at 9 May 2025. 2 Cash as at 30 April 2025. Major Shareholders – Directors & Management own ~13%1 Paul Chapman 6.82% Philip Crutchfield 2.55% Black Cat Syndicate Ltd 2.06% HongKong Ausino Investment 1.94% Non-Executive Chairman Farjoy Pty Ltd 1.72% Managing Director Parkrange Nominees Pty Ltd 1.58% Non-Executive Director 1 Source: IRESS Board of Directors Paul Chapman Dean Tuck Philip Crutchfield 1 As at 25 March 2025. ASX:DRE 2 Board of Directors Paul Chapman Non-Exec Chairman • Chartered accountant with 30+ years experience in the resources sector • Founding shareholder and/or director of Black Cat Syndicate, Reliance Mining, Encounter Resources, Rex Minerals, Silver Lake Resources, GCX Metals and Avanco Resources • Non-Executive Chairman of Meeka Minerals, a Non-Executive Director of gold developer Black Cat Syndicate and gold/base metals explorer Sunshine Metals Dean Tuck Managing Director • Experienced geologist and exploration manager having worked across a wide range of commodities in Australia, Brazil and SE Asia from project generation through to resource evaluation • Previously held senior level positions ranging from private companies to BHP Billiton and ASX listed junior explorers • Instrumental in several discoveries covering Cu-Au massive sulphide, REE ironstones, REE-Nb-Phosphate carbonatites, orogenic gold, LCT pegmatites and iron ore Phillip Crutchfield Non-Exec Director • Prominent and well-respected barrister specialising in commercial law • Director of Encounter Resources and Hamelin Gold • Chair of the Bell Shakespeare Theatre Company and the Victorian Bar Foundation • Former partner of Mallesons Stephen Jaques (now King & Wood Mallesons) ASX:DRE 3 Disclaimer Refer to Dreadnought announcements for JORC Table 1 and Table 2 for results and information contained in this presentation. Mangaroon Project 7 April 2021 Option/JV Agreement Signed with Global Base Metal Miner 16 July 2021 ~1km Long Gossanous Ni-Cu-PGE Outcrop at Mangaroon 19 July 2021 High-Grade REE Ironstones Confirmed Over 2.5kms at Mangaroon 1 September 2021 Encouraging Results for Rare Earths at Yin 9 September 2021 Four New REE Ironstones Discovered at Mangaroon 2 February 2022 Rare Earths, Phosphate, Niobium & Zirconium Results from Mangaroon 14 February 2022 Conductors Defined along the Money Intrusion – Mangaroon FQM JV 16 June 2022 First Drilling at Yin Intersects High-Grade Rare Earths 28 July 2022 Assays Confirm Yin as a High-Grade Rare Earth Discovery 5 September 2022 Further Assays Confirm Yin as A Significant REE Discovery 12 October 2022 Broad, High-Grade Assays at Yin REE Discovery – Mangaroon 17 October 2022 Mineralised Carbonatites Discovered at C3 and C4 – Mangaroon 24 October 2022 Broad, High-Grade Assays at Yin REE Discovery – Mangaroon 10 November 2022 Exploration Update Mangaroon Ni-Cu-PGE 21 November 2022 Broad, High-Grade Assays at Yin REE Discovery – Mangaroon 28 December 2022 Initial High-Grade, Independent Resource Over 3kms at Yin 24 January 2023 Carbonatite Discovery Shaping up as Regional Rare Earth Source 27 January 2023 Mineralised REE Ironstones increased by 13kms to 43kms 13 February 2023 Rare Earth Ironstone Exploration Target Defined 13 March 2023 Successful Yin Extensional Drilling Results – Mangaroon 3 April 2023 Carbonatites deliver thick near surface REE Results 29 May 2023 Metallurgical Test work Supports High Grade Concentrate 6 June 2023 Mangaroon Gold Review and Further Consolidation 13 June 2023 Yin Extended by 1km & 2.5km of High Grade NdPr Discoveries 5 July 2023 40% Increase in Resource Tonnage at Yin 10 July 2023 High Grade Rare Earth & Niobium Zones at C3 & C5 13 September 2023 Highest Grades to date from Yin Infill Drilling 2 October 2023 Mangaroon Carbonatite now >17km – Higher Grade Zones Fiingerprinted 16 October 2023 100m Thick Rare Earth Intercepts from Yin 30 November 2023 Large, High Confidence Yin Ironstone Resource 6 December 2023 Gifford Creek REE-Nb-P-Ti-Sc Carbonatite Drilling Update 11 December 2023 Thick, High-Grade Gold Including 7m @ 23.0g/t Au 22 January 2024 Star of Mangaroon Extended 6 June 2024 Gifford Creek REE-Nb Carbonatite Update 18 June 2024 Tiger Cu-Au-Zn-Ag Gossan Confirmed over 500m 19 June 2024 Drilling Extended for Nb-REE and Cu-Au Targets 26 July 2024 Strategic & Prospective Consolidation 26 July 2024 Consolidation, Growth & Commercialisation 1 October 2024 Shallow, High-Grades at Star of Mangaroon & Popeye 14 October 2024 Exceptional Gold Recoveries from Star of Mangaroon 27 November 2024 Shallow, High-Grade, 84% Indicated Au Resource 28 January 2025 Robust Scoping Study for Star of Mangaroon 30 January 2025 Further Consolidation and High-Grade Gold at Mangaroon 18 March 2025 High Grade Gold Lode Extended Central Yilgarn Project 27 April 2021 Illaara Update and Regional Target Generation 31 May 2021 Drilling Results – Illaara Au-Cu-Iron Ore Project 7 July 2021 High-Grade Tantalum Results from Peggy Sue – Illaara Project 1 August 2022 Completion of Acquisition – Central Yilgarn Project 1 November 2022 Successful Drill Results Across Multiple Metals 27 April 2022 Initial High-Grade Resource at Metzke’s Find 8 February 2024 Seven Camp Scale Gold Prospects at Central Yilgarn This presentation has been prepared by Dreadnought Resources Limited (Dreadnought or the Company). It contains general information about the Company’s activities current as at the date of the presentation. The information is provided in summary form and does not purport to be complete. This presentation is not to be distributed (nor taken to have been distributed) to any persons in any jurisdictions to whom an offer or solicitation to buy shares in the Company would be unlawful. Any recipient of the presentation should observe any such restrictions on the distribution of this presentation and warrants to the Company that the receipt of the presentation is not unlawful. It should not be considered as an offer or invitation to subscribe for or purchase any securities in the Company or as an inducement to make an offer or invitation with respect to those securities. No agreement to subscribe for securities in the Company will be entered into on the basis of this presentation or any information, opinions or conclusions expressed in the course of this presentation. This presentation is not a prospectus, product disclosure document or other offering document under Australian law or under any other law. It has been prepared for information purposes only. This presentation contains general summary information and does not take into account the investment objectives, financial situation and particular needs of any individual investor. It is not financial product advice and investors should obtain their own independent advice from qualified financial advisors having regard to their objectives, financial situation and needs. Dreadnought nor any of their related bodies corporate is licensed to provide financial product advice. This presentation and information, opinions or conclusions expressed in the course of this presentation contains forecasts and forward-looking information. Such forecasts, projections and information are not a guarantee of future performance, involve unknown risks and uncertainties. Actual results and developments will almost certainly differ materially from those expressed or implied. There are a number of risks, both specific to Dreadnought, and of a general nature which may affect the future operating and financial performance of Dreadnought, and the value of an investment in Dreadnought including and not limited to title risk, renewal risk, economic conditions, stock market fluctuations, commodity demand and price movements, timing of access to infrastructure, timing of environmental approvals, regulatory risks, operational risks, reliance on key personnel, reserve estimations, native title risks, cultural heritage risks, foreign currency fluctuations, and mining development, construction and commissioning risk. You should not act or refrain from acting in reliance on this presentation, or any information, opinions or conclusions expressed in the course of this presentation. This presentation does not purport to be all inclusive or to contain all information which its recipients may require in order to make an informed assessment of the prospects of Dreadnought. You should conduct your own investigation and perform your own analysis in order to satisfy yourself as to the accuracy and completeness of the information, statements and opinions contained in this presentation before making any investment decision. Recipients of this presentation must undertake their own due diligence and make their own assumptions in respect of the information contained in this presentation and should obtain independent professional advice before making any decision based on the information. No representation or warranty, express or implied, is made in relation to the fairness, accuracy or completeness of the information, opinions and conclusions expressed in the course of this presentation. To the maximum extent permitted by law, no representation, warranty or undertaking, express or implied, is made and, to the maximum extent permitted by law, no responsibility or liability is accepted by the Company or any of its officers, employees, agents or consultants or any other person as to the adequacy, accuracy, completeness or reasonableness of the information in this presentation. To the maximum extent permitted by law, no responsibility for any errors or omissions from this presentation whether arising out of negligence or otherwise is accepted. An investment in the shares of the Company is to be considered highly speculative. The exploration targets or conceptual exploration targets in this presentation or expressed during the course of this presentation are subject to completion of the necessary feasibility studies, permitting and execution of all necessary infrastructure agreements. This presentation and information, opinions or conclusions expressed in the course of this presentation should be read in conjunction with Dreadnought's other periodic and continuous disclosure announcements lodged with the ASX, which are available on the Dreadnought website. They involve risk and uncertainties that could cause actual results to differ from estimated results. Forward-looking statements include, but are not limited to, statements concerning the Company’s exploration programme, outlook and target sizes. They include statements preceded by words such as “potential”, “target”, “scheduled”, “planned”, “estimate”, “possible”, “future”, “prospective” and similar expressions. Competent Person’s Statement The information in this announcement that relates to geology and exploration results and planning was compiled by Mr. Dean Tuck, who is a Member of the AIG, Managing Director, and shareholder of the Company. Mr. Tuck has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Mr. Tuck consents to the inclusion in the report of the matters based on the information in the form and context in which it appears. The Company confirms that it is not aware of any new information or data that materially affects the information in the original market announcements by Dreadnought Resources Limited referenced in this presentation, and in the case of Mineral Resources, Production Targets, forecast financial information and Ore Reserves, that all material assumptions and technical parameters underpinning the estimates in the relevant market announcements continue to apply and have not materially changed. To the extent disclosed above, the Company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcements. ASX:DRE 4 Mangaroon Gold Project Star of Mangaroon Development ASX:DRE ASX:DRE 5 Star of Mangaroon Development • Large tenement package covering ~5,000km2 in the Gascoyne Region of Western Australia • ~300kms from major local towns of Exmouth and Carnarvon • ~330kms by road from Paulsens Gold Operation (ASX: BC8) • ~350kms from the Port of Onslow • Serviced by the sealed Northwest Coastal Highway ~150kms away and well-developed shire roads • Underexplored belt with >200km of major geological structures identified, minimal modern exploration • Multiple walk-up drill targets now defined by strong geochemistry and rock chips ASX:DRE 6 Star of Mangaroon – initial high-grade resource History • Gold identified: 1956 • Small-scale underground mining: 1960-1983 • Production: ~7,500 ounces at ~35g/t Develop the Star of Mangaroon Outlook • Maiden Resource of 23,300oz @ 12.8g/t Au (84% Indicated) defined within ~100m of surface • High grade, open-pit opportunity with potential to grow along strike and at depth • Robust open pit Scoping Study shows: • ~A$50M in free cashflow @ A$4,600oz • 10-12 months production • max cash drawdown of ~A$10M • ASIC ~A$1,800/oz • Strategy to outsource funding, development, haulage and processing • Black Cat Syndicate has invested $2M and entered an agreement to secure the first right to negotiate gold development for processing at Paulsens • Additional gravity test work underway to assess on site processing ASX:DRE ASX.DRE 12 September 2022 Star of Mangaroon Acquisition & Consolidation ASX.DRE 27 November 2024 Shallow, High-grade, 84% Indicated Au Resource ASX.DRE 28 January 2025 Robust Scoping Study for Star of Mangaroon ASX:DRE 7 Star of Mangaroon – shallow resource contained within ~110m of surface and remains open along strike and at depth. Upside potential at Star of Mangaroon & Popeye • Limited exploration in the 1980s/1990s: • 4m at 26g/t Au from 9m (MA10) • 4m at 18.7g/t Au from 8m (SMC07) • Recent drilling highlights by DRE includes: • 2m at 59.0g/t Au from 16m (SOMRC004) • 4m at 27.4g/t Au from 80m (SOMRC030) • 7m at 23.0/t Au from 53m (SOMRC005) • 8m at 15.5g/t Au from 89m (SOMRC006) • First-pass drilling at Popeye (4 RC holes for 309m), highlights: • 3m at 22.8g/t from 13m • Potential to grow resource, mine plan and financials: • Add shallow ounces by extending Star of Mangaroon & Popeye • Test underground mining potential ASX.DRE 26 July 2024 Consolidation, Growth & Commercialisation ASX.DRE 1 November 2023 Gold Drilling Commenced at Star of Mangaroon ASX.DRE 22 January 2024 Star of Mangaroon Extended ASX:DRE 8 Pathway to Production September 2024 Quarter December 2024 Quarter March 2025 Quarter June 2025 Quarter September 2025 Quarter December 2025 Quarter Technical Studies, Environmental and Heritage Surveys (approvals work) Work Plan Focus 1. Finalise Mining Proposals and Mine Closure Plans 2. Finalise Mining, Haulage and Processing Agreements 3. Commence Mining once all approvals and agreements in place ASX:DRE 9 Mangaroon Gold Project Add near term production ounces ASX:DRE ASX:DRE 10 Add Near Term Production Ounces • Granted Mining Leases with historical production • M09/175: Star of Mangaroon and Popeye Develop the Star of Mangaroon • M09/91: Lead Mine • M09/174: Two Peaks • M09/146-147: Pritchard Well • Initial drilling program completed in April 2025 • Follow up drilling program to commence in June 2025 ASX:DRE ASX:DRE 11 Star of Mangaroon – Adding shallow high-grade ounces within the pit ASX.DRE 27 November 2024 Shallow, High-grade, 84% Indicated Au Resource ASX.DRE 28 January 2025 Robust Scoping Study for Star of Mangaroon ASX.DRE 5 May 2025 First Gold Drilling Program of the Year Completed ASX:DRE 12 Popeye – Adding shallow high-grade ounces adjacent to Star of Mangaroon ASX.DRE 27 November 2024 Shallow, High-grade, 84% Indicated Au Resource ASX.DRE 28 January 2025 Robust Scoping Study for Star of Mangaroon ASX.DRE 5 May 2025 First Gold Drilling Program of the Year Completed ASX:DRE 13 Two Peaks – Historical hard rock mining ASX.DRE 27 November 2024 Shallow, High-grade, 84% Indicated Au Resource ASX.DRE 5 May 2025 First Gold Drilling Program of the Year Completed ASX:DRE 14 Pritchard Well – Historical alluvial and hard rock mining ASX.DRE 27 November 2024 Shallow, High-grade, 84% Indicated Au Resource ASX.DRE 5 May 2025 First Gold Drilling Program of the Year Completed ASX:DRE 15 Add Near Term Production Ounces June 2025 Quarter September 2025 Quarter December 2025 Quarter March 2026 Quarter June 2026 Quarter September 2026 Quarter Technical Studies, Environmental and Heritage Surveys (approvals work) Work Plan Focus 1. 2. 3. 4. Add ounces on granted mining leases Undertake technical studies (metallurgy, geotechnical etc) Undertake environmental studies (flora, fauna, ground water etc) Deliver Resources and Studies in time to add to production profile ASX:DRE 16 Mangaroon Gold Project Finding more gold, faster *Exploration and Discovery ASX:DRE ASX:DRE 17 Underexplored Mangaroon vs Post-discovery Gruyere (same scale) Open file Data ~1990s-2017 Mangaroon Mangaroon Gruyere (2013) ASX:DRE 18 Underexplored Mangaroon vs Mature Brownfield (same scale) Open file Data ~1990s-2017 Mangaroon Mangaroon Kalgoorlie ASX:DRE 19 Historical workings on outcropping veins highlight mineralised structures No drilling of historical workings nor mineralised structures undercover Cullens 3m @ 6.5g/t Au from 28m Linkage Faults >90kms of mineralised structure undercover Mitchells 16.4g/t Au Rock Chips Edmund Fault Star of Mangaroon Midday Moon >80kms of mineralised structure undercover 23.3koz @ 12.8g/t Au 3.1 g/t Au Rock Chips Steve’s Reward 155g/t Au Rock Chips Fenceline Minga Bar Fault 64g/t Au Rock Chips >60kms of mineralised structure undercover Neptune 6.7g/t Au Rock Chips ASX.DRE 25 March 2025 Further Gold Ground Consolidated at Mangaroon ASX.DRE 19 March 2025 Further Gold Ground Consolidated at Mangaroon ASX.DRE 18 March 2025 High Grade Gold Lode Extended ASX:DRE 20 Stream sediment sampling highlighting prospective gold camps at Bordah and High Range with stronger gold values than the Star of Mangaroon High Range North High Range Incomplete Streams High Range South Bordah Incomplete Streams Linkage Faults >90kms of mineralised structure undercover Minga Bar Star of Mangaroon 23.3koz @ 12.8g/t Au Edmund Fault Bordah >80kms of mineralised structure undercover Minga Bar Minga Bar Fault >60kms of mineralised structure undercover ASX.DRE 30 January 2025 Further Consolidation and High-Grade Gold at Mangaroon ASX:DRE 21 Soil sampling defining walk up targets at Bordah, Minga Bar Fault and Star of Mangaroon with aircore targets over >200kms of major mineralised structures High Range Incomplete Soils Edmund Fault Bordah Aircore Target Incomplete Soils Linkage Faults >90kms of mineralised structure undercover Minga Bar Walk-up targets Star of Mangaroon Multiple walk-up targets Bordah Walk-up targets Minga Bar Fault Aircore Target ASX.DRE 30 January 2025 Further Consolidation and High-Grade Gold at Mangaroon ASX.DRE 18 March 2025 High Grade Gold Lode Extended Edmund Fault >80kms of mineralised structure undercover Linkage Faults Aircore Targets Minga Bar Fault >60kms of mineralised structure undercover ASX:DRE 22 Walk up drill targets defined by Dreadnought in an emerging gold camp Midnight Star Target 3,000m x 400m gold in soil anomaly Never drilled Midday Moon Target 2,800m x 800m gold in soil anomaly Rock chips up to 3.1g/t Au Never drilled Pritchard Gold Mine Cullens 400m x 300m gold in soil anomaly Drilled 1986: 3m @ 6.5g/t Au from 26m including 1m @ 16.2g/t Au from 28m Mitchell’s Find 1,200m x 300m gold in soil anomaly Rock chips up to 16.4g/t Au Never drilled Nail 1,700m x 300m gold in soil anomaly Never drilled Steve’s Reward ~1,000m long outcropping lode Rock chips up to 155 g/t Au Soils pending, never drilled ASX.DRE 25 November 2020 Mangaroon Ni-Cu-PGE & Au Project ASX.DRE 15 March 2021 Exploration Commences at Mangaroon ASX.DRE 13 March 2024 Star of Mangaroon Camp Scale Gold Prospect Expands ASX.DRE 18 March 2025 High Grade Gold Lode Extended ASX.DRE 27 November 2024 Shallow, High-grade, 84% Indicated Au Resource Historical alluvial and hard rock mining Drilled 2003: 3m @ 10.0g/t Au from 65m Not yet followed up Hudson Trend 6,000m x 700m gold in soil anomaly Lead Gold Mine Historical alluvial and hard rock mining DRE 2023: 2m @ 3.8g/t Au from 25m Not yet followed up Star of Mangaroon Historical hard rock mining DRE 2024: 23.3koz @ 12.8g/t Au Popeye Historical hard rock mining DRE 2024: 3m @ 22.8g/t Au from 13m, not yet followed up Tiger Trend 3,600m x 500m gold in soil anomaly ASX:DRE 23 Finding more gold, faster June 2025 Quarter September 2025 Quarter Target generation (Streams, and geophysics) December 2025 Quarter March 2026 Quarter June 2026 Quarter September 2026 Quarter Target definition (soils and mapping) Work Plan Focus 1. Build pipeline of quality targets (target generation and definition) 2. Exploration drilling to deliver major discovery ASX:DRE 24 Teck Farm-In and Joint Venture Money Intrusion Ni-Cu-PGE ASX:DRE ASX:DRE 25 $15M Farm-In and Joint Venture with Teck – Money Intrusion Ni-Cu-PGEs Major Partnership to explore the Money Intrusion • Significant Copper + Nickel Opportunity (~50/50 Cu-Ni Ratio): • 23m @ 0.50% Ni, 0.51% Cu from 36m including: 2m @ 3.32% Ni, 2.88% Cu from 45m (REYRC013) • 10m @ 0.36% Ni, 0.45% Cu from 76m including: 2m @ 1.15% Ni, 1.30% Cu from 78m (REYRC019) • $15M Farm-In and Joint Venture: • Teck may earn 75% interest in the Tenements by managing and sole funding A$15M of expenditure within 6.5 years (“Farm-In Period”) including a firm commitment of A$1M within the first 18 months. • Joint Venture: Upon completion of the Farm-In, Teck and Dreadnought would form a 75/25 joint venture. • Teck to manage all exploration • Agreement aligned with Dreadnoughts gold focused strategy: • Continued low risk exposure to base metal potential • No impact on key gold prospects ASX.DRE 1 May 2025 $15M Farm-In and JV Agreement – Money Intrusion ASX:DRE 26 Illaara Gold Project Finding more gold, faster *Exploration and Discovery ASX:DRE ASX:DRE 27 Project Location & Summary • Covering ~800km2 in the Yilgarn Region of Western Australia • ~60kms to Aurenne’s Mt Ida Gold Mill • ~100kms to local town of Menzies • ~130kms to Ora Banda’s (ASX.OBM) Davyhurst Mill • ~190kms from major centers at Leonora and Kalgoorlie • Serviced by the sealed Goldfields Highway ~100kms away and well-developed shire roads • Hosts the high grade Metzke’s Find deposit at 6.8g/t Au ASX:DRE 28 Last explored for gold by Dreadnought in 2021/2022 when gold price was ~$2,200 Underexplored History 2500 1500 Eastern Group First holes into Metzke’s Find, returned 2m @ 15.8g/t Battle Mountain Gold Exploration through Perrinvale area via farm-in agreement with Anglo Australia. Surface geochem, mapping, and geophysics 500 ASX:DRE 200 Dreadnought acquire Illaara from Newmont 150 1000 0 Cliffs Natural Resources Regional iron ore exploration with geological mapping and reconnaissance, drilling, and discovery of goethite-hematite mineralisation Metzke’s Find MRE 14.9koz @ 6.8g/t Au 1990 Metzke’s Find 2m @ 39.2g/t Au 3m @ 21.0g/t Au 7m @ 7.5g/t Au Mount Burgess Mining Auger drilling, rock chipping and geophysical data collection 2000 100 Longmore’s Find 1m @ 100g/t Au 2010 Macarthur Minerals Exploration and discovery of 54.5Mt @ 47% Fe at Lake Giles ~40km from Illaara 2020 Mineral Resources Yilgarn Iron Ore Hub Iron Ore USD/ton Gold Price USD/oz 2000 CRA Exploration Airborne magnetic and radiometric surveys, grid-based auger sampling, detailed mapping programs. Intersected 4m @ 1g/t surface RAB Newmont Corporation Consolidated Illaara greenstone belt after identifying ~55km long Au-As-Sb anomaly generated by GSWA. Completed proprietary surface geochem surveys generating significant gold anomalies. Cleared 27km of tracks providing great project access 50 0 ASX:DRE 29 One of the most underexplored greenstone belts in the Yilgarn region Black Oak Longmore’s Find DRE 2020: 1m @ 100g/t Au Metzke’s Find 14.9koz @ 6.8g/t Au Open along strike and depth 6m @ 0.9g/t Au including 1m @ 3.3g/t Au Never followed up Menzies Belt Illaara Belt Iron Ore and Base Metal Drilling Mt Ida – Ullaaring Belt SW BIF Horizon Rock chips to 42 g/t Au Yerilgee Belt Lawrence’s Find 3m @ 3.6g/t Au Never followed up ASX.DRE 31 May 2021 Drilling Results – Illaara Au-Cu-Iron Ore Project ASX.DRE 27 April 2021 Illaara Update and Regional Target Generation ASX.DRE 24 June 2019 75km Long Illaara Greenstone Belt Acquired from Newmont ASX.DRE 16 July 2020 Drilling Update ASX.DRE 12 January 2021 Longmore’s Find Assay Results ASX.DRE 27 April 2023 Initial High-Grade Gold Resource at Metzke’s Find ASX:DRE 30 Multiple mineralised shear zones never tested with air core Bedrock drill intercepts never followed up, multiple walk-up targets Black Oak Longmore’s Find DRE 2020: 1m @ 100g/t Au 6m @ 0.9g/t Au 18m @ 0.3g/t Au Never followed up Metzke’s Find Black Oak – Homestead Trend 14.9koz @ 6.8g/t Au Open along strike and depth Eastern Horizon >40kms of mineralised structure undercover with major bends Never drilled Never drilled Central Illaara Fault >60kms of mineralised structure undercover Never drilled Eastern Horizon Never Drilled SW BIF Horizon Eastern Horizon >40kms of mineralised structure under variable cover Never drilled Rock chips to 42 g/t Au Lawrence’s Find 3m @ 3.6g/t Au Never followed up ASX.DRE 31 May 2021 Drilling Results – Illaara Au-Cu-Iron Ore Project ASX.DRE 27 April 2021 Illaara Update and Regional Target Generation ASX.DRE 24 June 2019 75km Long Illaara Greenstone Belt Acquired from Newmont ASX.DRE 16 July 2020 Drilling Update ASX.DRE 12 January 2021 Longmore’s Find Assay Results ASX.DRE 27 April 2023 Initial High-Grade Gold Resource at Metzke’s Find ASX:DRE 31 Metzke’s Find - 14.9k oz @ 6.8g/t Au High-grade near-surface mining opportunity • Coarse gold in hydrothermal quartz veins • High grade intercepts including • 2m @ 39.2 g/t Au • 3m @ 21.0 g/t Au • MZRC049 drilled 150m north of the current resource intersected 6m @ 1.15 g/t Au, not followed up • Metzke’s is part of 12-km long underexplored soil anomaly • Opportunity to toll treat at nearby mines MZRC019: 2m @ 39.2g/t Au ASX.DRE 27 April 2023 Initial High-Grade Gold Resource at Metzke’s Find MZRC021: 2m @ 19.2g/t Au ASX:DRE 32 Finding more gold, faster June 2025 Quarter September 2025 Quarter December 2025 Quarter March 2026 Quarter June 2026 Quarter September 2026 Quarter Reviews, Targeting, Drill Planning Work Plan Focus 1. Review and continue to build pipeline of quality targets 2. Exploration drilling to deliver major discovery ASX:DRE 33 Gifford Creek Carbonatite Complex ASX:DRE 34 Gifford Creek Carbonatite Complex Significant Critical Metal Potential • The Gifford Creek Carbonatite Complex is one of the largest carbonatite complexes in the world, stretching 17km. • Wide spaced drilling has identified multiple zones of critical metal (rare earth, niobium, titanium, phosphate and scandium) mineralisation. • Close to existing and shared infrastructure. Proven Rare Earth Mineralisation • 29.98Mt @ 1.04% TREO at the Yin Ironstone Complex (87% M+I) • Commercial monazite concentrate and mixed rare earth carbonates (MREC) created • 10.84Mt @ 1.00% TREO and 0.22% Nb2O5 at C3 (100% Inferred) Proven Niobium Mineralisation • Multiple zones of mineralisation already identified with exploration target • Mineralogical test work confirms pyrochlore mineralisation across Stinger Critical Metal Mineralisation • CBRC148: 43m @ 11.9% P2O5 from 87m, incl. 24m @ 14.5% P2O5 from 105m • CBRC138: 12m @ 319ppm Sc from 48m and CBRC125: 10m @ 270ppm Sc from 18m • CBRC086: 72m @ 8.6% TiO2 from 12m, incl. 6m @ 12.8% TiO2 from 66m • CBRC200: 66m @ 1.0% ZrO2 from 72m ASX.DRE 19 August 2024 Thick High-Grade Niobium Intercepts from Gifford Creek Carbonatite ASX:DRE 35 Gifford Creek Carbonatite Niobium Potential – Stinger Discovery ASX.DRE 19 August 2024 Thick High-Grade Niobium Intercepts from Gifford Creek Carbonatite ASX:DRE 36 Summary ASX:DRE ASX:DRE 37 Work Plan Summary June 2025 Quarter Star of Mangaroon Development Mining, Haul, Process Agreement September 2025 Quarter December 2025 Quarter Approvals and Commencement of Production Add near term production ounces – Mangaroon Star of Mangaroon, Popeye, Pritchard's, Lead Gold Mine, Two Peaks Drilling, Resources, Studies Finding more gold, faster – Mangaroon Steve’s, Inevitable, Cullens, Midday Moon, Midnight Star, New Targets and Initial Minga Bar and Edmund air core Finding more gold, faster – Illaara March 2026 Quarter June 2026 Quarter Production Approvals and Commencement of Production *pending results High Range and additional air core Metzke’s, Lawrences, SW BIF Horizon, Black Oak – Homestead Aircore Work Plan Focus 1. 2. 3. 4. Get Star of Mangaroon into production Add mineable ounces on granted mining leases to extend production Gold discovery focused drilling programs at Mangaroon and Illaara Continue to build a pipeline of quality gold targets for discovery focused dri